1318 Academy Ave Albert Lea, MN 56007
3
Beds
2.5
Baths
1,205
Sq Ft
6,229
Sq Ft Lot
Highlights
- No HOA
- Living Room
- Forced Air Heating and Cooling System
About This Home
As of April 2025Affordable 3 bedroom, 3 bath home with main floor vaulted bedroom! Detached 2 car garage, central air, hardwood floors & eat in kitchen. Located close to grade school and park!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,054
Year Built
- Built in 1948
Lot Details
- 6,229 Sq Ft Lot
- Lot Dimensions are 50 x 125
Parking
- 2 Car Garage
Interior Spaces
- 1,205 Sq Ft Home
- 1.5-Story Property
- Living Room
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Academy Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 340481080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2025
Closed on
Apr 11, 2025
Sold by
Lozano Jeannette
Bought by
Rubio Oswaldo
Seller's Agent
Isabella Laden
eXp Realty
Buyer's Agent
Isabella Laden
eXp Realty
List Price
$110,000
Sold Price
$110,000
Views
71
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$104,500
Outstanding Balance
$104,500
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$7,145
Purchase Details
Closed on
Jun 30, 2020
Sold by
Schultz Patrick Patrick
Bought by
Lozano Jeannette Jeannette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,325
Interest Rate
3.1%
Mortgage Type
New Conventional
Similar Home in Albert Lea, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $110,000 | -- | |
| Deed | $83,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $104,500 | New Conventional | |
| Previous Owner | $79,325 | New Conventional | |
| Previous Owner | $7,000 | Stand Alone First | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $0 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $110,000 | 0.0% | $91 / Sq Ft |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | For Sale | $110,000 | -- | $91 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,054 | $103,600 | $12,400 | $91,200 |
| 2023 | $1,086 | $90,600 | $12,400 | $78,200 |
| 2022 | $1,000 | $93,300 | $12,400 | $80,900 |
| 2021 | $906 | $79,900 | $12,400 | $67,500 |
| 2020 | $1,334 | $68,500 | $8,700 | $59,800 |
| 2019 | $1,148 | $59,000 | $7,400 | $51,600 |
| 2018 | $776 | $0 | $0 | $0 |
| 2016 | $782 | $0 | $0 | $0 |
| 2015 | $766 | $0 | $0 | $0 |
| 2014 | $776 | $0 | $0 | $0 |
| 2012 | $830 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Isabella Laden
I
Seller's Agent in 2025
Isabella Laden
eXp Realty
(952) 451-6904
1 in this area
120 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6677414
APN: 34.048.1080
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